£137,931
This estimated value is based upon the latest sale price for the house of £128,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £128,000 | 30 Sep 2021 |
| £125,000 | 1 Mar 2019 |
| £135,000 | 25 Feb 2011 |
| £171,950 | 17 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOMERSET to estimate the market value.
When this house was purchased in September 2021 the House Price Index for SOMERSET was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £128,000 results in an estimated price of approximately £137,931.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £128,000 | £9,931 | £137,931 |
The Postcode Pricing Model uses changes in average sales price within the BA6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -43.590 % | £-55,795 | £72,204 |
| 3 Month Average | -29.963 % | £-38,352 | £89,647 |
| 6 Month Average | -29.726 % | £-38,048 | £89,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £175,536 | £174,000 | 26 HERITAGE COURT MAGDALENE STREET |
| 13 Apr 2023 | £178,421 | £176,500 | 31 CAVENDISH LODGE MAGDALENE STREET |
| 31 Mar 2023 | £143,351 | £142,000 | 39 CAVENDISH LODGE MAGDALENE STREET |
| 2 Aug 2022 | £142,616 | £143,000 | 38 CAVENDISH LODGE MAGDALENE STREET |
| 2 Aug 2022 | £115,689 | £116,000 | 48 MAGDALENE STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 25 Aug 2021. Using an estimated price of £137,932 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on MAGDALENE STREET is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Mayfield Close |
| Mar 2024 | Other theft | Under investigation | On or near Mayfield Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Mayfield Close |
| Mar 2024 | Other theft | Under investigation | On or near Mayfield Close |
| Mar 2024 | Other theft | Under investigation | On or near Mayfield Close |